ReVolve Renewable Power Balance Sheet Health
Financial Health criteria checks 2/6
ReVolve Renewable Power has a total shareholder equity of $5.0M and total debt of $10.2M, which brings its debt-to-equity ratio to 204.2%. Its total assets and total liabilities are $18.6M and $13.5M respectively. ReVolve Renewable Power's EBIT is $2.3M making its interest coverage ratio 3.9. It has cash and short-term investments of $3.5M.
Key information
204.2%
Debt to equity ratio
US$10.22m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$3.47m |
| Equity | US$5.01m |
| Total liabilities | US$13.55m |
| Total assets | US$18.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REVV.F's short term assets ($7.5M) do not cover its short term liabilities ($8.9M).
Long Term Liabilities: REVV.F's short term assets ($7.5M) exceed its long term liabilities ($4.6M).
Debt to Equity History and Analysis
Debt Level: REVV.F's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: Insufficient data to determine if REVV.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: REVV.F's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: REVV.F's interest payments on its debt are well covered by EBIT (3.9x coverage).